SBICAP Securities Review- Options Trading, Brokerage and Platforms

Published on Wednesday, October 17, 2018 by Team | Modified on Monday, July 18, 2022

SBICAP Securities Review- Options Trading, Brokerage and Platforms

SBICAP Securities Review-Pros & Cons


Part of SBI, a trusted brand in banking & financial services.

Brokerage is high when compared with discount brokers.

Offers 3-in-1 account services

Gives free access to trading platforms

Offers complete services including broking, research & advisory

SBICAP Securities Review 2019- About the company

SBICAP Securities Ltd (SSL) is the broking arm of State Bank Group. The company is a wholly-owned subsidiary of SBI Capital Markets Ltd. SSL commenced its operations in 2006-2007 and provides primary and secondary capital market access to its customers.

SSL caters to the financial needs of the Banks, Financial Institutions, FIIs, Mutual Funds, Corporates, HNIs, NRIs, and Retail domestic investors. Its broking services include Equity, Derivatives, Depository Participant services, Derivatives, Mutual Funds, IPOs, NCDs, and various Third Party Distribution products.

Being a full-time stock broking company, SSL offers solid research services with detailed research reports and trading tips. The company provides detailed fundamental and technical reports on specific stocks with the recommendation to BUY/SELL/HOLD etc. It also offers Derivative reports covering insights and strategies for investing.

SSL offers a robust investor education platform wherein customers can learn trading and investment skills using demo guides, edutainment videos, webinars, and expert talk etc. The platform is particularly useful for new traders in learning the basics of trading in various asset classes.

SBICAP Securities Trading Platforms

Downloadable Trading Terminal - SSL offers high-speed trading experience with its desktop trading terminal SBISMART Xpress that comes with multiple trading features like:

  • Live streaming of stock market news
  • On-screen alerts
  • Advanced Charting tools
  • Order/ Trade Book
  • Lien / Unlien Funds / Stocks

SBI Smart WEB- It is a browser-based trading application that can be accessed from laptops, mobile, and Tablets etc. The platform offers many trading and analysis features to traders.

Trading Mobile App - Available for Android and Apple iOS devices, the SBISMART Mobile Trading App offers to trade on the move. The app offers features like-

  • Live quotes
  • Access to research calls & reports
  • Execute, modify or cancel orders
  • Create multiple market watch
  • Monitor and manage available funds
  • Track Order Status and Positions

Assisted Channels: SBICAP offers multiple assisted channels for customers who need expert assistance in trading-

  • Walk in branches - Customers can walk into any of the 115 branches spread across the country and get assistance on trading.
  • Relationship Managers - SBICAP Securities Limited offers personalized services through a dedicated Relationship Manager.
  • Dial & Trade - Customers can call during market hours and get assistance in placing orders, instant quotes for desired stocks and get prompt confirmation for your orders.
  • Doorstep Services: The company also offers doorstep services where its personnel visit your home/office and assist you to invest in mutual funds, IPOs, NCDs, bonds etc.

SBICAP Securities Options Brokerage Charges

Trading Account Opening fees = Rs 850

Trading Account maintenance charges = Nil

Demat Account opening fees = Rs 350

Demat account maintenance charges = Nil

SBICAP Securities Brokerage For Options

SBICAP Securities Brokerage / Charges

Segment Delivery Intraday
First leg Second leg
 Equity Options Option (per lot) Rs 100 Rs 50 Rs 50
 Currency Options Option (per lot) Rs 30 Rs 20 Rs 20
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